New DOL proposal clarifies private market access to 401(k)s, providing fiduciaries a process-based safe harbor for alternatives. Meanwhile, states contemplate QSBS decoupling and court rulings increase liability for Big Tech platform design harms.

The White House unveils a national AI policy focusing on federal preemption, while the SEC and CFTC release a landmark crypto taxonomy. Plus, California suspends its VC reporting mandate pending further industry-led rulemaking.

SEC & CFTC announce new model to harmonize oversight efforts. SBIR/STTR reauthorization expected to make President's desk, and the CFTC signals new rules for prediction markets.

Carta advocates for the INVEST Act at the SEC's annual forum, retail access to private markets gains momentum with guardrails, and AI's economic consequences fuel the policy debate.

Trump’s SOTU addresses housing and retirement as the Pentagon blocks Anthropic over AI guardrails. Meanwhile, Carta Policy joins SEC and House leaders to advocate for the INVEST Act to modernize and democratize access to U.S. capital markets.

Blue Owl’s redemption halt signals liquidity risks in retail private credit, while the SEC previews "Project Crypto" safe harbors. Plus, NIST sets AI standards, SCOTUS blocks global tariffs, and the FTC defends expanded HSR merger filings.